Use of Surplus Maintenance and Operation Money

Tex. Special District Local Laws Code § 3874.156, under Chapter 3874. Cypress Waters Municipal Management District.

Tex. Special District Local Laws Code § 3874.156

Sec. 3874.156. USE OF SURPLUS MAINTENANCE AND OPERATION MONEY. If the district has surplus maintenance and operation tax money that is not needed for the purposes for which it was collected, the money may be used for any authorized purpose. Added by Acts 2009, 81st Leg., R.S., Ch. 586 (S.B. 2466), Sec. 1, eff. June 19, 2009.